This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 2-bathroom apartment of 107 m², built in 2010. Located on rua de São Pedro S / N, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Feature: This property features direct access from the living room to a stunning 130 m² private terrace, perfect for outdoor entertaining and relaxation.
The valuation. The asking price of €297,500 sits 2.4% below the fair value of €304,796, indicating the property is fairly priced for the market conditions. Therefore, this apartment represents a balanced option for prospective investors.
Fair value modelled at €304,796 from 6 comparable sales in the area. Asking €297,500 sits €7,296 (2.4%) below — the upside to fair value.
Asking €297,500 versus the rua de São Pedro S / N area baseline of €277,144 (€2,590/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €277,144, adjusted for condition and micro-location, gives a modelled fair value of €304,796 (€2,849/m²), a €7,296 (2.4%) gap versus the €297,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de São Pedro S / N | Subject | €297,500 | €2,780 | — | 75 | 79 |
| Fânzeres e São Pedro da Cova · d7a3db | Active | €225,000 | €2,885 | 3.7% | 72 | 80 |
| rua da Cal | Active | €278,500 | €2,532 | 8.9% | 72 | 80 |
| rua Engenheiro Farinas de Almeida, 301 | Active | €262,000 | €2,977 | 7.1% | 72 | 73 |
| Gondomar (São Cosme), Valbom e Jovim · 467f28 | Active | €225,000 | €2,813 | 1.2% | 70 | 74 |
| Median comp | €243,500 | €2,849 | 2.5% | 72 | 77 |
Long-term rental The 2-bed apartment in Fânzeres e São Pedro da Cova is priced fairly at €297,500, which presents a minimal gap of 2.4% from the fair value of €304,796. Given its condition rating of 76/100 and a desirable neighbourhood rating of 79/100, it is unlikely to yield significant returns in a long-term rental strategy due to the current yield of 0% gross. Buy-and-hold With a fair valuation aligning closely with the listing price, the apartment does not offer a compelling upside for a buy-and-hold investment strategy at this time. The neighbourhood's decent amenities and employment opportunities could promote steady demand, but the lack of yield makes this a less attractive option overall. Short-term vacation rental While the apartment is located in a well-rated area with good access to urban amenities, its fair price suggests limited room for appreciation in the short-term rental market, given the absence of rental yield. Therefore, investing in this property for short-term vacation rentals may not capitalize on the property’s potential as effectively as desired. Not ideal for student housing The apartment's fair valuation and the absence of returns indicate it may not present an opportunity for student housing, where often higher yields are expected. Additionally, the overall housing dynamics indicate that investing in properties geared towards student accommodation would be more strategic elsewhere in the region.
Economic downturn risk A slight decline in economic stability (80/100) may lead to potential challenges in tenant retention and occupancy rates, affecting overall revenue.
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